2021-12-21T13:43:57-06:00 2020-12-31 271728945 PKF O'CONNOR DAVIES LLP 500 MAMARONECK AVENUE HARRISON NY 105281633 990 2020-01-01 222563733 DAUGHTERS OF MIRIAM FOUNDATION INC DAUG 9732535338 155 HAZEL STREET CLIFTON NJ 07015 FRANK DASILVA VICE PRESIDENT 9732535338 2021-12-21 1 FRANK DASILVA XXX-XX-XXXX GARRETT M HIGGINS P00543209 9143818900 2021-12-21 2 AAL1 IAL1 2020 2022-09-23 18:48:47Z FRANK DASILVA 155 HAZEL STREET CLIFTON NJ 07015 843976 0 X N/A X 1984 NJ TO RAISE FUNDS FOR THE BENEFIT OF DAUGHTERS OF MIRIAM CENTER FOR THE AGED. 9 7 0 8 0 0 616905 566385 0 0 146710 81554 109390 152579 873005 800518 1300000 0 0 0 0 0 0 0 83917 96889 90292 1396889 90292 -523884 710226 7099489 7660064 582774 435355 6516715 7224709 TO CONDUCT CHARITABLE ACTIVITIES FOR THE BENEFIT OF DAUGHTERS OF MIRIAM CENTER FOR THE AGED AND OTHER CHARITABLE ORGANIZATIONS. 0 0 0 0 0 THE ORGANIZATION CONDUCTS FUNDRAISING EVENTS AND RAISES FUNDS FOR CAPITAL IMPROVEMENT PROJECTS AND SUPPORT FOR THE DAUGHTERS OF MIRIAM CENTER FOR THE AGED. 1 1 0 0 0 0 0 0 0 0 0 0 0 1 1 1 1 0 0 0 0 0 0 0 1 1 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 X 9 7 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 0 0 0 NJ X X RONIT MODDEL 9732535338 155 HAZEL STREET CLIFTON NJ 07015 FRANK DASILVA SECRETARY 4.00 46.00 X X 0 270702 14122 FRED FEINSTEIN VICE PRESIDENT 2.00 48.00 X X 0 173679 4497 ALBERT SAFER PRESIDENT 1.00 0.30 X X 0 0 0 HOWARD B BAUM VICE PRESIDENT 1.00 1.00 X X 0 0 0 MICHAEL BIRNBERG VICE PRESIDENT 0.30 0.30 X X 0 0 0 LARRY A LEVY VICE PRESIDENT 0.30 1.00 X X 0 0 0 PHILIP MOSS VICE PRESIDENT 0.30 1.00 X X 0 0 0 JEFFFREY SILVERSHEIN VICE PRESIDENT 0.30 1.00 X X 0 0 0 JAY HOROWITZ TRUSTEE 1.00 0.00 X 0 0 0 RONIT MODDEL CONTROLLER 4.00 30.00 X 0 104487 3209 0 548868 21828 0 0 1 0 0 429549 136836 566385 81554 81554 85865 429549 35949 49916 49916 110172 7509 102663 102663 800518 0 0 234133 4389 4389 1122 1122 7589 1986 5603 ALLOCATED SALARIES 76907 76907 OTHER GOLF EXPENSES 285 285 90292 0 6375 83917 971478 644737 5305745 3540311 41302 1914052 780964 1560964 7099489 7660064 582774 435355 582774 435355 X 6484909 7193929 31806 30780 6516715 7224709 7099489 7660064 710226 -2232 0 X X 0 1 X 1 0 X X 1 DAUGHTERS OF MIRIAM CENTER FOR THE AGED 221500504 10 1 0 0 1 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 PART IV, SECTION C, LINE 1: AS A SUPPORTING ORGANIZATION, THE FOUNDATION IS SUPERVISED AND CONTROLLED WITH DAUGHTERS OF MIRIAM CENTER FOR THE AGED ('THE CENTER"), AND THEREFORE IS DESIGNATED AS A TYPE II SUPPORTING ORGANIZATION OF THE CENTER. THE FOUNDATION MEETS THIS CLASSIFICATION AS THE TRUSTEES WHICH COMPRISE THE GOVERNING BODY OF THE FOUNDATION ARE ALSO TRUSTEES OF THE CENTER. ADDITIONALLY, THE FOUNDATION IS SUPERVISED AND MANAGED BY THE SAME INDIVIDUALS THAT SUPERVISE AND MANAGE THE CENTER. SPECIFICALLY, THE CEO OF THE CENTER IS A TRUSTEE AND OFFICER OF THE FOUNDATION, AND VARIOUS OTHER MEMBERS OF THE CENTER'S MANAGEMENT ARE DIRECTLY INVOLVED WITH THE MANAGEMENT OF THE FOUNDATION. TOGETHER, THE INVOLVEMENT OF THESE INDIVIDUALS AND THE COMMON BOARD MEMBERS ASSURES THAT THE FOUNDATION WILL BE RESPONSIVE TO THE NEEDS AND REQUIREMENTS OF THE CENTER. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 31806 -1026 30780 21575 10231 31806 102030 -80455 21575 102030 102030 102030 102030 0.00000 1.00000 0.00000 0 0 0 ADVANCE TO RELATED ORGANIZATION 1560964 1560964 DUE TO RELATED ORGANIZATION 435355 435355 X 798286 -2232 -2232 800518 0 800518 90292 0 90292 0 90292 PART V, LINE 4: THE FOUNDATION'S ENDOWMENT CONSISTS OF ONE FUND ESTABLISHED TO SUPPORT THE ACTIVITIES OF THE FOUNDATION. PART X, LINE 2: THE FOUNDATION RECOGNIZES THE EFFECT OF TAX POSITIONS ONLY IF THOSE POSITIONS ARE MORE LIKELY THAN NOT TO BE SUSTAINED. MANAGEMENT HAS DETERMINED THAT THE FOUNDATION HAD NO UNCERTAIN TAX POSITIONS THAT WOULD REQUIRE FINANCIAL STATEMENT RECOGNITION OR DISCLOSURE. VIRTUAL TRUSTEES DINNER 248729 248729 GOLF TOURNAMENT 266685 180820 85865 35949 515414 429549 85865 35949 35949 49916 110172 7509 1 1.00000 110172 7509 7509 102663 NJ 1 0 1 0 1.00000 CAREN SPEIZER 155 HAZEL STREET CLIFTON NJ 07015 0 CAREN SPEIZER 0 SELLS RAFFLE TICKETS TO VARIOUS SUPPORTORS OF FOUNDATION. X 0 0 0 0 0 0 0 0 0 0 FRANK DASILVA SECRETARY 0 248702 0 10000 0 12000 0 0 0 14122 0 284824 0 0 FRED FEINSTEIN VICE PRESIDENT 0 159079 0 5000 0 9600 0 0 0 4497 0 178176 0 0 PART I, LINE 3 FRANK DASILVIA (BOARD SECRETARY) AND FRED FEINSTEIN (BOARD VICE PRESIDENT) ARE COMPENSATED BY A RELATED ORGANIZATION, MIRIAM CENTER FOR THE AGED ("THE CENTER"), FOR THEIR SERVICES AS CEO AND EXECUTIVE DIRECTOR OF THE CENTER, AS WELL AS FOR THEIR SERVICES TO THE FOUNDATION. COMPENSATION EXPENSE IS ALLOCATED TO THE FOUNDATION BASED ON HOURS SPENT. THE CENTER HAS A COMPENSATION COMMITTEE WHICH ANNUALLY REVIEWS THEIR COMPENSATION USING COMPARABILITY DATA, AND THEIR COMPENSATION IS APPROVED BY THE BOARD OF TRUSTEES OF THE CENTER. FORM 990, PART VI, SECTION B, LINE 11B DAUGHTERS OF MIRIAM FOUNDATION, INC. HAS ITS FORM 990 PREPARED BY AN OUTSIDE ACCOUNTING FIRM AND HAS ESTABLISHED THE FOLLOWING REVIEW PROCESS TO ENSURE THAT THE INFORMATION REPORTED IS COMPLETE AND ACCURATE. WHEN THE FORM 990 HAS BEEN PREPARED, REVIEWED BY THE AUDIT COMMITTEE AND IS READY TO BE FILED WITH THE INTERNAL REVENUE SERVICE, IT IS ELECTRONICALLY SENT TO THE BOARD FOR APPROVAL. ANY QUESTIONS OR COMMENTS ARE RESOLVED, AND THE BOARD OF TRUSTEES APPROVES THE RETURN PRIOR TO FILING WITH THE INTERNAL REVENUE SERVICE. FORM 990, PART VI, SECTION B, LINE 12C EVERY DIRECTOR, TRUSTEE, OFFICER AND MEMBER OF A COMMITTEE WITH BOARD DELEGATED POWERS OF THE ORGANIZATION, SHALL ANNUALLY SIGN A STATEMENT WHICH AFFIRMS THAT SUCH PERSON HAS RECEIVED A COPY OF THE CONFLICTS OF INTEREST POLICY, HAS READ AND UNDERSTANDS THE POLICY, AND HAS AGREED TO COMPLY WITH THE POLICY. IN CONNECTION WITH ANY ACTUAL OR POSSIBLE CONFLICTS OF INTEREST, AN INTERESTED PERSON MUST DISCLOSE THE EXISTENCE AND NATURE OF HIS OR HER FINANCIAL INTEREST TO THE BOARD OF DIRECTORS, TRUSTEES AND/OR MEMBERS OF COMMITTEES WITH BOARD DELEGATED POWERS BY THE CORPORATION CONSIDERING THE PROPOSED TRANSACTION OR ARRANGEMENT. AFTER DISCLOSURE OF HIS OR HER FINANCIAL INTEREST, THE EXECUTIVE COMMITTEE SHALL DECIDE IF A CONFLICT OF INTEREST EXISTS. PROCEDURES FOR ADDRESSING THE CONFLICT OF INTEREST: A) THE EXECUTIVE COMMITTEE OF THE BOARD SHALL, IF DEEMED NECESSARY, APPOINT A DISINTERESTED PERSON OR COMMITTEE TO INVESTIGATE ALTERNATIVES TO THE PROPOSED TRANSACTION OR ARRANGEMENT. B) AFTER REVIEWING THE CONFLICT OF INTEREST, THE EXECUTIVE COMMITTEE OF THE BOARD SHALL DETERMINE WHETHER THE CORPORATION CAN OBTAIN A MORE ADVANTAGEOUS TRANSACTION OR ARRANGEMENT WITH REASONABLE EFFORTS FROM A PERSON OR ENTITY THAT WOULD NOT GIVE RISE TO A CONFLICT OF INTEREST. C) IF A MORE ADVANTAGEOUS TRANSACTION OR ARRANGEMENT IS NOT REASONABLY ATTAINABLE UNDER CIRCUMSTANCES THAT WOULD NOT GIVE RISE TO A CONFLICT OF INTEREST, THE EXECUTIVE COMMITTEE SHALL DETERMINE BY A MAJORITY VOTE OF THE EXECUTIVE COMMITTEE WHETHER THE TRANSACTION OR ARRANGEMENT IS IN THE CORPORATION'S BEST INTEREST AND FOR ITS OWN BENEFIT AND WHETHER THE TRANSACTION FAIR AND REASONABLE TO THE CORPORATION AND SHALL MAKE ITS DECISION AS TO WHETHER TO ENTER INTO THE TRANSACTION OR ARRANGEMENT IN CONFORMITY WITH SUCH DETERMINATION. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS FORM 990 AND FORM 1023 AVAILABLE FOR PUBLIC INSPECTION AS REQUIRED UNDER SECTION 6104 OF THE INTERNAL REVENUE CODE. THE RETURN IS ALSO POSTED ON GUIDESTAR.ORG AND OTHER SIMILAR TYPES OF WEBSITES. IN ADDITION, FINANCIAL STATEMENTS, CONFLICT OF INTEREST POLICY, ARTICLES OF INCORPORATION AND BY-LAWS ARE AVAILABLE UPON WRITTEN REQUEST AT 155 HAZEL STREET, CLIFTON, NJ 07015 OR BY CALLING THE ORGANIZATION DIRECTLY AT 973-253-5338. FORM 990, PART XII, LINE 2C: THE ORGANIZATION HAS A COMMITTEE THAT IS RESPONSIBLE FOR THE OVERSIGHT OF THE AUDIT OF ITS FINANCIAL STATEMENTS AND SELECTION OF AN INDEPENDENT ACCOUNTANT. THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR. DAUGHTERS OF MIRIAM CENTER FOR THE AGED 155 HAZEL STREET CLIFTON NJ 07015 221500504 LONG-TERM CARE NJ 501(C)(3) LINE 10 N/A 0 DAUGHTERS OF MIRIAM ASSOCIATION 155 HAZEL STREET CLIFTON NJ 07015 229900007 APARTMENT COMPLEX NJ 501(C)(4) DAUGHTERS OF MIRIAM CENTER FOR THE AGED 0 0 0 0 1 0 0 0 0 0 0 0 1 0 1 1 1 0 0 0 DAUGHTERS OF MIRIAM FOUNDATION, INC. HAS MADE A DECLARATION WITH THE IRS TO POSTPONE THE FILING OF ITS TAX RETURN TO ON OR BEFORE JANUARY 3, 2022 DUE TO THE EFFECTS OF HURRICANE IDA. THE IRS'S HURRICANE IDA TAX RELIEF POSTPONES VARIOUS TAX FILINGS AND PAYMENTS NORMALLY DUE AFTER SEPTEMBER 1, 2021 THROUGH JANUARY 3, 2022. AS SUCH, PLEASE ACCEPT OUR TAX RETURN AS BEING TIMELY FILED.